Robert R. Young Quotes
A collection of quotes by Robert R. Young.
Robert R. Young (1897-1958) was an American railroad executive and business magnate. Born on February 22, 1897, in New York City, Young went on to become one of the most influential figures in the American railway industry during the mid-20th century.
Young began his career at the Chesapeake & Ohio Railway, where he quickly rose through the ranks and became its president in 1942. In the following years, he gained a reputation for his innovative approach and fierce determination to improve and modernize the railway system. He implemented cost-cutting measures and streamlined operations, making him a pioneer in the field.
In 1954, Young orchestrated a major consolidation of several eastern railroads, forming the mighty Pennsylvania Company. As the company's chairman, he continued his progressive strategies, boosting efficiency and profitability. Young was also known for his strong opposition to government intervention and fought against government-owned rail systems. He fervently believed in the power of private enterprise and free-market principles.
Despite his remarkable successes, Young's personal life was tumultuous, with ongoing battles against depression and chronic health issues. Tragically, on February 24, 1958, at the age of 61, he took his own life by jumping from his Park Avenue apartment window in New York City.
Although Robert R. Young's life ended abruptly, his contributions to the American railroad industry and his advocacy for private enterprise continue to be remembered as transformative.